Vodafone to invest Rs 3,000 cr in West Bengal in next 3 years

Posted on:25 Jan 2017 09:15:21
Vodafone to invest Rs 3,000 cr in West Bengal in next 3 years
25 January 2017 Current Affairs: Vodafone India will invest Rs 3,000 crore in West Bengal over the next three years. Investments will be towards capacity augmentation and new business initiatives.

According to a release issued by the telecom operator, an MoU in this regard was signed with the State Government on the sidelines of Bengal Global Business Summit 2017 that concluded on Saturday (January 21).

The aim of the investment will be to strengthen Vodafone's leadership position in the State by offering customers better internet connectivity through enhanced network capacity.

Vodafone India serves more than 2 crore customers in Kolkata & West Bengal circles. (In telecom parlance Kolkata and West Bengal are considered as two separate circles.)

The telco has already invested over Rs. 8,400 crore in the State with at least Rs. 200 crore coming in the first six months of this fiscal. Investments have come primarily towards “upgrading the network

 

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